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Global Silicon Resin Market Size, Share, Future Prospects and Forecast 2020-2026

11-06-2020 09:31 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Global Silicon Resin Market

Global Silicon Resin Market

The silicon resin market is projected to grow at a considerable CAGR of around 6% during the forecast period (2020-2026). Silicone materials combine the properties of organic and inorganic materials, exhibiting many unique physical and chemical features, such as thermal stability, weathering resistance, low surface tension, maintaining elasticity at low temperatures, hydrophobicity, and surface activity. The growing application of silicon resins in different industries such as electronic, automobile, chemical, and cosmetic industries owing to its unique characteristics is driving the growth of the silicon resin market across the globe. The aesthetic properties make these versatile materials improve the performance of many cosmetics, sunscreens and skin treatment products. These resins are used to deliver pigments and other particles to the skin by enhancing the protection by sunscreens and improve the stability of antiaging ingredients. Therefore, the growing demand for the cosmetic industry by a growing population is anticipated to drive the growth of the global market.

Request a free sample of our report on Global Silicon Resin Market: https://www.omrglobal.com/request-sample/silicon-resin-market

Growing manufacturers and consumer awareness with regard to the importance of green chemicals and adverse effects of volatile organic compound (VOC) emissions along with the presence of stringent government regulations towards effects of VOC on the environment has led to the increasing demand for the silicon resins, which in turn driving the silicon resin market across the globe. The key players of the market are developing several techniques for the modification of the resin intermediates to make them more productive. The continuous innovation in production activities is anticipated to offer significant opportunities for the growth of the silicon market across the globe. However, the high cost of silicon resins in comparison to other elastomers including natural rubber and the availability of other low-cost alternatives may restrain the growth of the silicon resin market across the globe.

A full report of Global Silicon Resin Market Is available at https://www.omrglobal.com/industry-reports/silicon-resin-market

Global Silicon Resin Market Segmentation

By Application
• Building & Construction
• Personal Care & Cosmetics
• Electrical & Electronics
• Automotive
• Others (Textile)

Regional Analysis
• North America
o US
o Canada

• Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe

• Asia-Pacific
o China
o India
o Japan
o Rest of Asia-Pacific

• Rest of the World

Company Profiles
• AB Specialty Silicones, LLC
• BRB International B.V.
• Elkem ASA
• Evonik Industries AG
• Genesee Polymers Corp.
• Hubei Jia Yun chemical technology Co., Ltd.
• Hubei Xinsihai Chemical Engineering Co., Ltd.
• Iota Silicone Oil (Anhui) Co., Ltd.
• Jiang Xi Xin Jia Yi New Materials Co., Ltd.
• Kaneka Corp.

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/silicon-resin-market

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

About Us:
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting, and other research-based services.

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